low oil price? forgot that AA already hedge 70% supply at 60 USD?

sampooler the competition will not be less, the bankrupt companies would be bought at liquidation and new airline started with lower cost base.

Cheap fuel higher profit margin? Plane 96% parked where got profit margin? Only got parking fee and salary bill

Alan Punpipi why would AA get back deposit when they fail to take delivery, like would you get back the deposit for a car if you never get complete the car loan and take delivery of the car?

digi_three AA already hedge more than 70% of their estimate fuel usage at 60 USD, if oil go negative, they just lost more money in the hedge.

when gov did not bailout, this is the future of airline

https://www.theguardian.com/business/2020/apr/21/virgin-australia-expected-to-go-into-voluntary-administration-as-government-rules-out-saving-airline

Virgin Australia has gone into voluntary administration after the federal government again ruled out saving the airline.

This will be the biggest, airline collapse since Ansett in 2002.

“The government is not in the business of owning an airline. But we do want to see two airlines continue,” the finance minister, Matthias Cormann, told Radio National on Tuesday morning.

https://www.reuters.com/article/us-health-coronavirus-airbus-airasia-exc/exclusive-airbus-puts-six-jets-made-for-airasia-up-for-sale-as-crisis-deepens-idUSKBN2221R2?il=0

PARIS (Reuters) - Airbus (AIR.PA) has put six jets made for one of its largest customers up for sale after giving up on Malaysia’s AirAsia (AIRA.KL) taking delivery of them, sources familiar with the matter told Reuters.

AA hedged 70% of annual fuel usage at skyhigh price, how much they already lost in the hedge?

so on which month AA are likely to finally make money? certainly not May or June. MCO maybe extended into May. Even if MCO relaxed control on the number of flight will be the last things to relax.

Domestic flights mostly go to Sabah and Sarawak, arrive there need to quarantine for 14 days first. So leisure and business trip are total out of the question.

International flight not like resume even in July. Looking at the major market for AA China banned all foreigner, even if ban relaxed still may retain 14-28 days quarantine. Thailand and Vietnam are the only neigbour with case going down. Philiphine, SG, Indon all have cases still surging and maybe 2-3 month later only can be cleared.

The Raya and Gawai peak travel season for AA in May and June are certainly not going to be making money this year.

Do you expect December year end travel season to be the time where AA finally make money this year? How many will be willing to travel with family? What if there is a 3rd of 4th wave as it is winter in the Northern Hemisphere and peak pneumonia season.

they sell the ticket so that you give AA interest free loan that they will ask to convert to credit

so evil this counter go up since morning to trap ikan bilis, after market close release news that gov want merger

Gov force merger, AA game over

Chase high will trap soon, remember this is a business in coma, flights still grounded for an unknown period, cash are still being burn everyday on fix cost while there is no revenue coming in.

https://www.reuters.com/article/us-easyjet-outlook-ceo/easyjet-ceo-sees-flying-restarting-with-empty-middle-seats-idUSKCN21Y0OA?il=0

LONDON (Reuters) - The chief executive of easyJet (EZJ.L) said when flying restarts after the coronavirus crisis recedes planes are likely to operate with the middle seat empty due to social distancing regulations.

He also told reporters on a call on Thursday that the airline would stay cash positive in the event that its fleet was forced to stay grounded for nine months, and should the grounding last longer, it would be able to seek additional funding.

joe2020 where got 2 million in one AA flight? not 100k mask?

even when you remove the seats on the upper deck of a passenger plane you still have a problem with the door being too small, cargo plane are build with a large cargo door for loading.

using plane configured for passenger for cargo only fight? can get enough to pay for the cost of flying the plane? had AA been removing seats from the plane to reconfigure as cargo plane? AA got any dedicated cargo planes already in the fleet?

if Mavcomm side with AA to allow long refund period, maybe consumer should seek protection from BNM regulation by using the protection on credit card

If refund taking too long maybe customer should together log credit card charge dispute with bank and let AA merchant account be shutdown if they did not do refund for service that they failed to provide.

Tony just send out email that refund will now take 12 to 16 weeks, sign of a company running out money?

AA already missed the march school holiday and Ching Ming travel season. It is going to miss Raya , Gawai and Kaamatan travel season also. if flying are still dangerous during end of year peak season, would AA even reach 30% of last year income?

if extend one more month AA got how much cash left?

US airline all have a lot of assets in their planes to borrow at current cheap rates. AA already sold their planes to pay dividend

https://www.theedgemarkets.com/article/cgscimb-research-urgent-intervention-needed-save-airasia

AA will run out cash in five month even after the cost cutting

https://www.flightglobal.com/changi-airport-to-close-terminal-2-for-18-months-from-may/137783.article

Changi airport now need only one terminal to handle all traffic, T2 closing for 18 months

how much business AA lose just from the flight to SG?

if AA cash is enough why refund is so slow, i got three refund case already waiting for a month.

e-commerce field already have several well established players fighting each other for business, what is the competitive advantage for AA in this field? they are not even very good at making sure their website are able to sell tickets properly during high load.

case are expect to peak in mid april, MCO would need to in place for another month at least after it reach peak.

2.2 billion enough to pay for how many months of salary, lease, oil hedge and other fixed costs?

what if MCO extend 1 or two months and people still scare of flying for several months after MCO lifted?

Global airlines are on the hook for US$35 billion in refunds from unused tickets, worsening a cash crunch that is likely to see some carriers go bankrupt. That prompted the global industry body to plead with travellers to accept travel vouchers instead.
According to projections made by the IATA, air carriers are likely to register a net loss of US$39 billion from April to June. Airlines typically have a cash reserve of about two months’ cash.

https://www.scmp.com/news/hong-kong/transport/article/3077905/coronavirus-covid-19-crisis-deepens-recovery-hopes

Coronavirus: as Covid-19 crisis deepens, recovery hopes of battered Hong Kong, global airlines vanish over horizon

‘Airlines are quickly running out of cash. It is a matter of survival,’ global airline body CEO says, predicting US$61 billion will be burned through in three months

Wuhan is not open yet, you can go in now but not leave

https://sbr.com.sg/economy/news/daily-briefing-singapores-pm-says-tourism-and-aviation-industries-are-virtually-dead-cp

Singapore’s battle to fight the coronavirus outbreak is intensifying, whilst industries such as tourism and aviation are virtually dead, Prime Minister Lee Hsien Loong said.

Air Asia logistics is busy? How many cargo plane does AA have? Did they strip out all the seats?

https://www.bbc.com/news/business-52084003

Coronavirus: EasyJet grounds entire fleet of planes due to virus

The pandemic has had a severe impact on airlines, its boss Jonathan Hinkles told the BBC's Tom Burridge.

He said that any airline saying it could survive without government help "would probably be lying".

EasyJet said its cabin crew would be furloughed, with staff paid 80% of their wage from 1 April through the government's job retention scheme.

AA have a good business model but only can buy after the RI done and the company have enough cash to restart operation after virus

https://www.malaymail.com/news/money/2020/03/29/qatar-airways-says-it-will-need-state-support-as-cash-runs-out/1851428

Qatar Airways says it will need state support as cash runs out


even the largest and richest airlines like Qatar and Emirates need bail out, AA can survive alone?

AA hedged 72.8% of their 2020 expected fuel utilization at US$60.22

oil price now is 24.93 and AA is losing big time on their bet

GENM got many asset that can be use to borrow at current cheap interest rate. AA already sold their assets to pay out dividend.

MAS is in less trouble because they already force ppl to take unpaid leave before MCO start. AA now stuck ask doing do during MCO is illegal

China is not even opening up after three months. They just cancel most flight only allow one weekly flight per airline at 75% load. And the movie theater reopen for a few days and yesterday they shutdown it all down again.

This disruption to business that require people being in close proximity may well last more than six months.

Can AA cash reserve survive 6 month of low to no business?

https://www.straitstimes.com/business/companies-markets/the-airlines-most-in-danger-of-going-under-during-the-coronavirus-crisis

Multiple AA companies z score way bellow 1.8, risk of going bankrupt is super high

SINGAPORE/SYDNEY: Singapore Airlines Ltd said it had secured up to S$19 billion ($13 billion) of funding to help see it through the coronavirus crisis and expand afterward, in a sign of confidence travel demand will eventually return.

As many carriers around the world look for cash to weather the crisis, Singapore Airlines' majority shareholder, state-fund Temasek Holdings [TEM.UL], said it would underwrite the sale of shares and convertible bonds for up to S$15 billion. Singapore's biggest bank DBS Group Holdings Ltd provided a S$4 billion loan.

"This transaction will not only tide SIA (Singapore Airlines) over a short term financial liquidity challenge, but will position it for growth beyond the pandemic," Temasek International Chief Executive Dilhan Pillay Sandrasegara said.



SIA just got bail out, AA got gov bailout incoming?

park the planes now just paying salary, paying fuel contract, paying parking fee, paying lease contract, paying ...

income = ??

AA if not bailout by government or RI how is it possible to sustain the cash burn until the virus clear and people start flying again

Skydiving time for KLSE

Bye bye, two more week of MCO, AA cannot make money and unable to force unpaid leave

Why buy AA, how is AA going to make money in the next two months? How long can AA survive the daily cash burn?

Still not time to ground entire fleet?

How much capacity is AA running today? All major market in lockdown